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The implementation of the Second Payment Services Directive (PSD2) in form of German Zahlungsdiensteaufsichtsgesetz (ZAG – Payment Services Oversight Act) required a number of adjustments in payment services as of ...
Spanish Ministry of Economy launches a Public Consultation on the implementation of a 'Regulatory Sandbox' regime for Financial Services in Spain.
Spain's Ministry of Economy and Enterprise has published the draft Law on the digital transformation of the financial system' ("anteproyecto de Ley de transformación digital del sistema financiero"). This draft includes ...
Recently, two separate consultations were launched by regulators about the online decision-making environment. This refers to the way in which a website is designed to sell products or services. The consultations are ...
Bird & Bird LLP advised the private equity firm Antin Infrastructure Partners, the sole shareholder of Eurofiber, on the formation of a joint venture between Eurofiber and Vattenfall.
On 16 August 2019, the German Federal Financial Supervisory Authority (BaFin) published an updated guidance notice (German) on the issuance of crypto token (e.g. through ICO, ITS or TGE) providing assistance with ...
The German Ministry of Finance (Bundesministerium der Finanzen – BMF) published a draft legislative proposal (German) to implement the European directive to amend the fourth European anti-money laundering directive ...
One of the most important questions for every young enterprise is its financing. Business angels, accelerator programmes and classic bank financing are just some of the options. Rather new is the possibility of ...
Depending on the rights a Token conveys, it can be a Security Token, a Currency Token, a Utility Token or take a hybrid form. Legal literature and regulatory practice can at times diverge.
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